An excise tax, unlike a sales tax, is an indirect tax. It is indirect because the manufacturer or provider of the goods or services has to charge the purchaser tax for the item, and pass the ...

Opinions expressed by Forbes Contributors are their own. I cover changes and new developments in the federal tax law. The Superfund Excise Tax went into effect on July 1, 2022, and many companies ...

Election results on Tuesday showed Colorado voters narrowly in favor of Proposition KK, a ballot measure that would create an ...

The seventh knowledge note in the series, Alcohol Excise Taxes in Vietnam: Opportunity to Save Lives while Increasing Tax Revenues, analyses the impact of tax increases on beer prices, affordability, ...

What it means: If passed, a 5% excise tax will be placed on the sale of retail marijuana in town on Jan. 1. The excise tax can collect $800,000 in the first fiscal year and whatever amounts raised ...

The proposal to apply a 10% excise tax on sugary beverages faces opposition from the beverage industry, which argues that the tax unfairly targets their products. The workshop on the morning of ...

THE Bureau of Internal Revenue (BIR) said it will likely miss its P326.2-billion excise tax collection goal this year due to declining demand for tobacco products. “The trend in tobacco consumption ...

New Delhi: A court here on Monday directed the ED to supply copies of the charge sheet and other documents to the accused in the alleged money laundering case related to the Delhi excise policy.

On July 6, 2023, President Bola Tinubu signed four executive orders, one of which suspended the 5 per cent excise tax on telecommunication services to mitigate the adverse effects of tax increases ...

A telecom expert has warned that subscribers will bear the burden of the Federal Government’s reintroduction of a 5 per cent excise duty on telecommunications services. The Director at Adaba ...

Drivers are waking up to £0 car tax bills under a fortunate VED banding shake-up. With the upcoming introduction of VED for electric and low-emission vehicles in April 2025, the new Labour Party ...